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Great Novel Therapeutics Biotech & Medicals (ROCO:7427) Net Cash per Share : NT$13.39 (As of Jun. 2024)


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What is Great Novel Therapeutics Biotech & Medicals Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Great Novel Therapeutics Biotech & Medicals's Net Cash per Share for the quarter that ended in Jun. 2024 was NT$13.39.

The historical rank and industry rank for Great Novel Therapeutics Biotech & Medicals's Net Cash per Share or its related term are showing as below:

ROCO:7427' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.63   Med: 7.91   Max: 12.08
Current: 2.67

During the past 6 years, the highest Price-to-Net-Cash Ratio of Great Novel Therapeutics Biotech & Medicals was 12.08. The lowest was 2.63. And the median was 7.91.

ROCO:7427's Price-to-Net-Cash is ranked better than
64.13% of 842 companies
in the Biotechnology industry
Industry Median: 3.995 vs ROCO:7427: 2.67

Great Novel Therapeutics Biotech & Medicals Net Cash per Share Historical Data

The historical data trend for Great Novel Therapeutics Biotech & Medicals's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Great Novel Therapeutics Biotech & Medicals Net Cash per Share Chart

Great Novel Therapeutics Biotech & Medicals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial 1.23 3.31 3.89 7.03 11.28

Great Novel Therapeutics Biotech & Medicals Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.40 7.03 11.91 11.28 13.39

Competitive Comparison of Great Novel Therapeutics Biotech & Medicals's Net Cash per Share

For the Biotechnology subindustry, Great Novel Therapeutics Biotech & Medicals's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Great Novel Therapeutics Biotech & Medicals's Price-to-Net-Cash Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Great Novel Therapeutics Biotech & Medicals's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Great Novel Therapeutics Biotech & Medicals's Price-to-Net-Cash falls into.



Great Novel Therapeutics Biotech & Medicals Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Great Novel Therapeutics Biotech & Medicals's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(476.551-26.813-0)/39.8782
=11.28

Great Novel Therapeutics Biotech & Medicals's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(612.18-29.88-0)/43.4871
=13.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Great Novel Therapeutics Biotech & Medicals  (ROCO:7427) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Great Novel Therapeutics Biotech & Medicals Net Cash per Share Related Terms

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Great Novel Therapeutics Biotech & Medicals Business Description

Traded in Other Exchanges
N/A
Address
No.3, Park Street, Room WR-06, 17th Floor, Nangang District, Taipei, TWN, 11503
Great Novel Therapeutics Biotech & Medicals focuses on drug development to treat advanced cancer. The new drugs ranging from epigenetic modulators, a combination of tumor microenvironment-regulating agents, epigenetic immuno-modulators, to the protein degradation drugs targeting HDACs 1, 2, and 3, are in a developing pipeline. These drugs focus on the field of epigenetics, for the demand of clinical unmet needs in advanced and refractory cancers.

Great Novel Therapeutics Biotech & Medicals Headlines

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